Bond Korea Development Institute 2.97% ( KR310205D871 ) in KRW

Issuer	Korea Development Institute
Market price	100 % ⇌
Country	Republic of Korea
ISIN code	KR310205D871 ( in KRW )
Interest rate	2.97% per year ( payment 1 time a year)
Maturity	16/07/2048
Prospectus brochure in PDF format is unavailable at this time We will provide it as soon as possible
Minimal amount	10 000 KRW
Total amount	20 000 000 000 KRW
Next Coupon	16/07/2026 ( In 214 days )
Detailed description	The Korea Development Bank (KDB) is a policy-based financial institution that provides financial support and policy financing to Korean companies, primarily focusing on industrial development and economic growth. Investors are currently evaluating the terms of a long-dated bond issued by the Korea Development Bank (KDB), identified by ISIN KR310205D871. The Korea Development Bank, a cornerstone of South Korea's financial infrastructure, functions as a state-owned policy bank with a critical mandate to support national economic development, foster strategic industries, and manage significant infrastructure projects, thus reflecting a strong sovereign backing within the Korean economy. This specific obligation, denominated in Korean Won (KRW), is presently trading at par, with its market price standing at 100% of its face value. It offers an annual interest rate of 2.97% and has a substantial total issuance size of KRW 20,000,000,000, designed to accommodate a range of investors with a minimum purchase threshold set at KRW 10,000. Bearing a distant maturity date of July 16, 2048, this long-term debt instrument provides a stable return horizon extending over more than two decades, with interest payments anticipated to be disbursed annually from its issuance country of South Korea.